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GLOSSARY

Marketing Channels

Press Release

Short and sweet:

Press Release

An official written announcement distributed to media and public audiences about news from an organization.

A public relations format used to communicate timely, factual developments.

Detailed Definition of Press Release:

A press release is a formal, written announcement distributed to journalists and media outlets to share news like a product launch, funding round, or partnership, written in a style intended to be lifted directly into a news story. Unlike an ad, it doesn’t guarantee placement or control over the final coverage, since editors decide independently whether and how to run the story. A well-written release leads with the most newsworthy detail and includes quotes and background information that make a reporter’s job easier.

Examples of Press Release:

When Apple unveils a new iPhone, it distributes a formal press release to outlets like TechCrunch and The Verge hours before the public keynote even airs, giving reporters the exact specs and pricing to publish immediately.

A hospital system merging with another provider might issue one through a wire service like PR Newswire to explain the deal to local news stations and community members.

Startups raising a funding round often time an announcement to coincide with the news, using it to control the narrative before rumors or leaks shape the story instead.

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